The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...

Rivian and Volkswagen Group entered into a transaction agreement to create their new joint venture (JV) Rivian and VW Group ...

Volkswagen and Rivian have launched a $5.8bn joint venture, sharing critical EV technology amid slowing global demand and ...

Volkswagen Group raised its investment in Rivian by 16 per cent to $5.8 billion, the two automakers said on Tuesday, as the ...

NEW YORK, Nov 13, 2024 (BSS/AFP) - German automaker Volkswagen and US electric vehicle manufacturer Rivian aim to begin ...

Volkswagen Group has increased its planned investment in an announced joint venture with electric vehicle maker Rivian ...

Volkswagen and Rivian named leaders for their multibillion-dollar joint venture and showcased a prototype electric vehicle, signaling their commitment even as global EV demand softens.

Electric vehicle company Rivian has just gotten quite the investment boost from German automaker Volkswagon. The two already ...

Last June, VW said it would invest $5 billion in Rivian as part of a new joint venture that’s focused on developing a new ...

Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its ...

Shares in the U.S. EV maker, valued at over $11 billion, rose nearly 9% in extended trading on Tuesday. The companies said in ...

Volkswagen Group plans to invest up to $5.8 billion in Rivian and the joint venture by 2027. The initial $1 billion investment, the form of convertible notes, has already been made.